KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs has unveiled plans to expand into the strategic rare earth and critical minerals sector through a proposed acquisition of Special Project Delivery LLC (SPD), a United States (US)-based supply chain platform.
According to a statement, the proposed acquisition would expand Mobix Labs’ national security operations into the supply chain supporting modern defence, aerospace, and artificial intelligence infrastructure.
Mobix Labs currently supplies technologies for US and allied fighter jets, missiles, submarines, and satellites.
The company said the Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed.
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